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Business Start-Up in Hospitality and Tourism

Business Start-Up in Hospitality and Tourism

• Code: FES2RB007
• Extent: 4 ECTS (108 h)
• Timing:: Semester 1,2,4,5
• Language: English
• Level: Professional studies
• Type: Compulsory

Prerequisites
None

Learning outcomes
The objective is to give the student practical  knowledge of issues related to establishing a restaurant business in Finland through case studies.

After completing the course student :

• understands the effectiveness and key figures of the hotel, restaurant and tourism industry and can put them into practical use
• understands from where and how operational profit is generated
• knows restaurant industry related legislation and its practical implementation
• understands the significance of work performance, co-operation, competence, principles of leadership and well-being
• Identifies potential customers and segments, understands and anticipates customer expectations and needs
 
Course contents

• Definition and importance of small businesses, characteristics of entrepreneurs and intrapreneur
• Founding a Limited Company; Documents for Registration
• Basic Planning of a Restaurant Unit: Business premises, Rental Contract
• Making a Business Plan
• Taking Care of Other Compulsory Permissions

Teaching and learning methods

a) Classroom learning:
Lectures 30 h
Self-studies 77 h
The assessment of one’s own learning 1 h

b) Part Time Learning:
Lectures 10 h
Self-studies 97 h
The assessment of one’s own learning 1 h

Teaching is based on the case studies

Recognition of Prior Learning, RPL  (in Finnish AHOT)
The required skills and competences can be demonstrated by a skills examination.

Teacher/s with the main responsibility for the course
Juuso Kokko

Course materials
Holopainen T. 2009. Establishing and doing business in Finland, Helsinki. Edita
Timmons J., Zacharakis A., Spinelli S. 2004. Business Plans that work, a guide for small business. McGraw-Hill. New York
Other study material announced by teachers

Assessment
Project group work 100 %

The assessment of one’s own learning does not influence the grade. The assignment is the same for all courses/modules and the answers will also be used for course/module development. The assignment is completed online in WinhaOpaali.

Assessment criteria
Pass/Fail  - based on the course report